Key Developments: Senior Housing Properties Trust (SNH)
29.38USD
17 May 2013
$0.07 (+0.24%)
$29.31
$29.44
$29.53
$29.26
1,135,702
1,745,319
$29.67
$19.83
Latest Key Developments (Source: Significant Developments)
Senior Housing Properties Trust Announces Quarterly Dividend
Senior Housing Properties Trust announced it has declared a regular quarterly common share dividend of $0.39 per common share ($1.56 per share per year). The next quarterly dividend will be paid to common shareholders of record as of the close of business on April 17, 2013 and distributed on or about May 21, 2013. Full Article
Senior Housing Properties Trust Announces Underwriters' Exercise Of Option To Purchase Additional Shares
Senior Housing Properties Trust announced that the underwriters of its public offering have exercised, in full, their option to purchase an additional 1,500,000 common shares. The sale of the additional common shares and the sale of the original public offering of 10,000,000 common shares are expected to close on January 28, 2013. The joint bookrunning managers for this offering are Jefferies, Citigroup and Wells Fargo Securities. The joint lead managers are BofA Merrill Lynch, Morgan Stanley, RBC Capital Markets and UBS Investment Bank. The co-managers are BB&T Capital Markets, Janney Montgomery Scott, JMP Securities and Oppenheimer & Co. Full Article
Senior Housing Properties Trust Prices Offering Of 10,000,000 Common Shares
Senior Housing Properties Trust announced that it priced a public offering of 10,000,000 common shares at a price to the public of $23.80 per share. The settlement of this offering is expected to occur on January 28, 2013. SNH expects to use the net proceeds of this offering to repay amounts outstanding under revolving credit facility and for general business purposes, including funding acquisitions. The underwriters have been granted a 30-day option to purchase up to an additional 1,500,000 common shares. The joint book running managers for this offering are Jefferies, Citigroup and Wells Fargo Securities. The joint lead managers are BofA Merrill Lynch, Morgan Stanley, RBC Capital Markets and UBS Investment Bank. The co-managers are BB&T Capital Markets, Janney Montgomery Scott, JMP Securities and Oppenheimer & Co. Full Article
Senior Housing Properties Trust Proposes Public Offering of 8,000,000 Common Shares
Senior Housing Properties Trust announced it commenced a public offering of 8,000,000 common shares. SNH expects to use the proceeds of this offering to repay amounts outstanding under its revolving credit facility and for general business purposes, including funding acquisitions. It is contemplated that the underwriters will also be granted a 30-day option to purchase up to an additional 1,200,000 common shares. The joint bookrunning managers for this offering are Jefferies, Citigroup and Wells Fargo Securities. The joint lead managers are BofA Merrill Lynch, Morgan Stanley, RBC Capital Markets and UBS Investment Bank. Full Article
Senior Housing Properties Trust Announces Quarterly Dividend
Senior Housing Properties Trust announced that it has declared a regular quarterly common share dividend of $0.39 per common share ($1.56 per share per year). The next quarterly dividend will be paid to common shareholders of record as of the close of business on January 22, 2013 and distributed on or about February 20, 2013. Full Article
Senior Housing Properties Trust Raises Quarterly Dividend
Senior Housing Properties Trust announced it has raised its regular quarterly common share dividend by $0.01 to $0.39 per common share ($1.56 per share per year). The next quarterly dividend will be paid to common shareholders of record as of the close of business on October 22, 2012 and distributed on or about November 20, 2012. Full Article
Senior Housing Properties Trust Prices $350 Million 5.625% Senior Notes Due 2042
Senior Housing Properties Trust announced that it has priced an underwritten public offering of $350 million of 5.625% unsecured senior notes due August 1, 2042. The settlement of this offering is expected to occur on July 20, 2012. Senior Housing Properties Trust intends to use the net proceeds from this offering to prepay the variable portion of its Federal National Mortgage Association, secured term loan which carries a current interest rate of 6.38% per annum, to repay amounts outstanding under its revolving credit facility and for general business purposes, which may include funding possible future acquisitions of properties. The joint book-running managers for this offering were Citigroup, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Morgan Stanley & Co. LLC, UBS Securities LLC, and Wells Fargo Securities, LLC. The joint lead managers for this offering were Jefferies & Company, Inc., and RBC Capital Markets, LLC. Full Article
Senior Housing Properties Trust Announces Underwriters' Exercise Of Option To Purchase Additional Shares
Senior Housing Properties Trust announced that the underwriters of its public offering have exercised, in full, their option to purchase an additional 1,800,000 common shares. The sale of the additional common shares and the sale of the original public offering of 12,000,000 common shares are expected to close on July 13, 2012. The joint book-running managers for this offering are Jefferies & Company, Inc., Citigroup and UBS Investment Bank. The co-lead managers for this offering are BofA Merrill Lynch, Morgan Stanley, RBC Capital Markets and Wells Fargo Securities. The co-managers for this offering are Janney Montgomery Scott LLC, JMP Securities and Sandler O’Neill & Partners, L.P. Full Article
Senior Housing Properties Trust Prices Offering Of 12,000,000 Common Shares
Senior Housing Properties Trust announced that it priced a public offering of 12,000,000 common shares at a price to the public of $21.75 per share. The settlement of this offering is expected to occur on July 13, 2012. SNH expects to use the net proceeds of this offering to repay amounts outstanding under its revolving credit facility. The underwriters have been granted a 30-day option to purchase up to an additional 1,800,000 common shares. The joint book-running managers for this offering are Jefferies & Company, Inc., Citigroup and UBS Investment Bank. The co-lead managers for this offering are BofA Merrill Lynch, Morgan Stanley, RBC Capital Markets and Wells Fargo Securities. The co-managers for this offering are Janney Montgomery Scott LLC, JMP Securities and Sandler O’Neill & Partners, L.P. Full Article
Senior Housing Properties Trust Announces Proposed Public Offering of 8,000,000 Common Shares
Senior Housing Properties Trust announced it commenced a public offering of 8,000,000 common shares. SNH expects to use the proceeds of this offering to repay amounts outstanding under its revolving credit facility. It is contemplated that the underwriters will also be granted a 30-day option to purchase up to an additional 1,200,000 common shares. The joint bookrunning managers for this offering are Jefferies & Company, Inc., Citigroup and UBS Investment Bank. Full Article
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